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Direxion Daily Emerging Markets Bear 3X Shares (ED...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US25459Y4706

CUSIP

25459Y470

Issuer

Direxion

Inception Date

Dec 17, 2008

Region

Emerging Markets (Broad)

Leveraged

3x

Index Tracked

MSCI Emerging Markets Index (-300%)

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

EDZ has a high expense ratio of 1.08%, indicating higher-than-average management fees.


Expense ratio chart for EDZ: current value at 1.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.08%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
EDZ vs. EDC EDZ vs. YANG EDZ vs. BERZ EDZ vs. AMAT EDZ vs. TQQQ
Popular comparisons:
EDZ vs. EDC EDZ vs. YANG EDZ vs. BERZ EDZ vs. AMAT EDZ vs. TQQQ

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Direxion Daily Emerging Markets Bear 3X Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-100.00%0.00%100.00%200.00%300.00%400.00%500.00%600.00%JulyAugustSeptemberOctoberNovemberDecember
-99.94%
549.27%
EDZ (Direxion Daily Emerging Markets Bear 3X Shares)
Benchmark (^GSPC)

Returns By Period

Direxion Daily Emerging Markets Bear 3X Shares had a return of -13.00% year-to-date (YTD) and -17.61% in the last 12 months. Over the past 10 years, Direxion Daily Emerging Markets Bear 3X Shares had an annualized return of -25.61%, while the S&P 500 had an annualized return of 11.01%, indicating that Direxion Daily Emerging Markets Bear 3X Shares did not perform as well as the benchmark.


EDZ

YTD

-13.00%

1M

6.66%

6M

2.68%

1Y

-17.61%

5Y*

-21.98%

10Y*

-25.61%

^GSPC (Benchmark)

YTD

23.11%

1M

-0.36%

6M

7.02%

1Y

23.15%

5Y*

12.80%

10Y*

11.01%

Monthly Returns

The table below presents the monthly returns of EDZ, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202416.24%-10.60%-7.04%1.44%-4.83%-6.37%-1.83%-2.96%-16.49%9.60%8.76%-13.00%
2023-23.62%26.33%-8.84%2.90%8.14%-11.43%-16.27%23.67%10.61%11.22%-19.78%-10.02%-20.28%
2022-3.03%12.94%2.48%18.27%-5.28%14.23%-0.15%4.01%42.57%2.95%-36.93%8.11%49.27%
2021-11.08%-4.40%-1.57%-4.79%-6.00%-3.44%19.42%-6.31%11.92%-4.32%11.36%-5.35%-8.69%
202018.19%9.60%14.08%-25.01%-11.43%-20.56%-24.01%-9.41%1.33%-5.48%-26.55%-17.36%-68.79%
2019-26.45%4.23%-3.92%-6.41%23.51%-16.56%8.45%10.38%-5.09%-11.83%-0.17%-19.79%-43.01%
2018-21.74%13.82%-3.57%8.01%7.13%13.86%-10.32%9.83%1.28%27.08%-15.57%9.70%32.87%
2017-17.94%-5.74%-11.16%-5.76%-8.75%-3.62%-15.72%-7.26%-0.36%-9.64%-0.00%-10.47%-64.12%
201611.37%-1.07%-32.67%-3.47%10.17%-16.86%-15.58%-3.61%-10.05%1.42%10.93%-0.47%-46.25%
2015-0.75%-12.92%2.28%-19.48%12.40%7.73%17.79%25.47%4.92%-19.39%5.57%10.13%25.25%
201428.25%-11.63%-12.52%-3.22%-9.37%-7.33%-5.02%-8.86%25.26%-6.06%3.03%11.34%-5.82%
20130.11%6.42%1.98%-5.37%14.77%12.76%-6.68%5.52%-21.31%-13.14%-0.84%-0.55%-11.69%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of EDZ is 5, meaning it’s performing worse than 95% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of EDZ is 55
Overall Rank
The Sharpe Ratio Rank of EDZ is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of EDZ is 66
Sortino Ratio Rank
The Omega Ratio Rank of EDZ is 66
Omega Ratio Rank
The Calmar Ratio Rank of EDZ is 55
Calmar Ratio Rank
The Martin Ratio Rank of EDZ is 66
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Direxion Daily Emerging Markets Bear 3X Shares (EDZ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for EDZ, currently valued at -0.41, compared to the broader market0.002.004.00-0.411.90
The chart of Sortino ratio for EDZ, currently valued at -0.32, compared to the broader market-2.000.002.004.006.008.0010.00-0.322.54
The chart of Omega ratio for EDZ, currently valued at 0.96, compared to the broader market0.501.001.502.002.503.000.961.35
The chart of Calmar ratio for EDZ, currently valued at -0.20, compared to the broader market0.005.0010.0015.00-0.202.81
The chart of Martin ratio for EDZ, currently valued at -0.70, compared to the broader market0.0020.0040.0060.0080.00100.00-0.7012.39
EDZ
^GSPC

The current Direxion Daily Emerging Markets Bear 3X Shares Sharpe ratio is -0.41. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Direxion Daily Emerging Markets Bear 3X Shares with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.41
1.90
EDZ (Direxion Daily Emerging Markets Bear 3X Shares)
Benchmark (^GSPC)

Dividends

Dividend History

Direxion Daily Emerging Markets Bear 3X Shares provided a 5.31% dividend yield over the last twelve months, with an annual payout of $0.49 per share.


0.00%1.00%2.00%3.00%4.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.60201820192020202120222023
Dividends
Dividend Yield
PeriodTTM202320222021202020192018
Dividend$0.49$0.48$0.00$0.00$0.09$0.56$0.41

Dividend yield

5.31%4.33%0.00%0.00%0.82%1.67%0.68%

Monthly Dividends

The table displays the monthly dividend distributions for Direxion Daily Emerging Markets Bear 3X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.18$0.00$0.00$0.13$0.00$0.00$0.11$0.00$0.00$0.00$0.42
2023$0.00$0.00$0.15$0.00$0.00$0.12$0.00$0.00$0.13$0.00$0.00$0.07$0.48
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2020$0.00$0.00$0.09$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.09
2019$0.00$0.00$0.15$0.00$0.00$0.19$0.00$0.00$0.14$0.00$0.00$0.08$0.56
2018$0.06$0.00$0.00$0.00$0.00$0.00$0.10$0.00$0.00$0.25$0.41

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-99.96%
-3.58%
EDZ (Direxion Daily Emerging Markets Bear 3X Shares)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Direxion Daily Emerging Markets Bear 3X Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Direxion Daily Emerging Markets Bear 3X Shares was 99.97%, occurring on Oct 7, 2024. The portfolio has not yet recovered.

The current Direxion Daily Emerging Markets Bear 3X Shares drawdown is 99.96%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-99.97%Mar 3, 20093927Oct 7, 2024
-41.31%Jan 21, 200913Feb 6, 200915Mar 2, 200928
-33.24%Dec 24, 20088Jan 6, 20096Jan 14, 200914
-7.31%Jan 15, 20092Jan 16, 20091Jan 20, 20093

Volatility

Volatility Chart

The current Direxion Daily Emerging Markets Bear 3X Shares volatility is 11.64%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
11.64%
3.64%
EDZ (Direxion Daily Emerging Markets Bear 3X Shares)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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